In a boost to domestic chip manufacturing, Prime Minister Modi’s Cabinet approved four new semiconductor projects under the India Semiconductor Mission (ISM), with a combined investment of approximately ₹4,600 crore. Project Highlights and Locations These projects, proposed by companies like

U.S. President Donald Trump has announced plans to impose a 100% tariff on computer chips made outside the United States if chip manufacturers do not shift production to American soil. The statement marks a significant escalation in his push to bring semiconductor manufacturing back to the U.S., as part of his broader economic agenda ahead […]

Apple CEO Tim Cook has confirmed that most of the iPhones sold in the United States during the last quarter were assembled in India. This marks a significant shift in Apple’s global manufacturing strategy, showing the tech giant’s growing confidence in India’s production capabilities. Vietnam Now Major Hub for Other Apple Devices While India has […]

India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark free trade deal that will allow 99% of Indian exports to enter the UK market without customs duties. This includes a significant win for Indian seafood exporters, as a range of marine products will now be tariff-free. Key Products […]

India’s mobile phone exports surged from ₹1,500 crore in 2014–15 to ₹2 lakh crore in 2024–25, marking a remarkable 127‑fold rise, Parliament was informed on July 24, 2025. This leap reflects how India has transformed from a net importer to a major exporter of phones over the past decade. PLI Scheme Boosts Manufacturing The Government credited the Production Linked […]

The Adani Group has announced plans to enter the healthcare sector by building two advanced, 1,000‑bed hospitals in Mumbai and Ahmedabad. Chairman Gautam Adani revealed this initiative at a medical conference, aiming to combine cutting-edge technology with affordable care under the theme “Adani Healthcare Temples”. ₹60,000 crore Commitment Adani confirmed that the Adani

A senior executive at Reliance Industries has urged India to boost its petrochemical production urgently. At a recent industry conference, Vikram Sampat, Reliance’s strategy chief, warned that China controls nearly 40–50% of global petrochemical output, while India’s figure remains around 20%. Why It Matters China’s rapid capacity expansion has created a global

In a significant realignment of supply chain strategy, India’s leading electronics component manufacturers are moving away from traditional Chinese partnerships and actively seeking collaborations with firms from South Korea and Taiwan. The shift comes in the backdrop of the government’s continued clampdown on Chinese foreign direct investment (FDI) and its push for

Indian oil and gas stocks witnessed a sharp decline on Tuesday after OPEC+ announced a higher-than-expected output hike, sending global crude oil prices tumbling. Shares of Oil India and ONGC were among the hardest hit, falling by over 1%, while refining companies such as Mangalore Refinery and Chennai Petroleum dropped between 3% and 5%. Oil […]

Vedanta Resources, led by Anil Agarwal, has enlisted Australia’s Worley, a global engineering and project management firm, to spearhead a major expansion at Konkola Copper Mines (KCM) in Zambia. The partnership supports an ambitious investment plan worth approximately $1 billion aimed at boosting copper and cobalt output. Vedanta Zambia Following its recovery of KCM assets